News Topic: BankruptcyProfBlog

U.S. Bankruptcy Court District of Delaware (Delaware) Bankruptcy Petition #: 11-12010-KG Assigned to: Kevin Gross Chapter 11 Voluntary Date filed: 06/27/2011 Debtor Los Angeles Dodgers LLC Dodger Stadium 1000 Elysian Park Avenue Los Angeles, CA 90012 Tax ... Read full article

Top 5 most-downloaded bankruptcy-related articles of the past month on SSRN. 1) Directors’ Fiduciary Duties in the Zone of Insolvency and Actual Insolvency: To Whom, What, and When?, Michael R. Patrone. Analyzes the extent of corporate directors' ... Read full article

"The Supreme Court ruled Thursday that a bankruptcy court incorrectly granted Anna Nicole Smith over $400 million from the estate of her oil magnate husband J. Howard Marshall. In the 5-4 decision, the nation's highest court held that the US... ... Read full article

June 22, 2011 Dear Insolvency Law Committee Constituency List members: The following is an Ebulletin prepared on a case of interest by a member of the Insolvency Law Committee: A bill to again revise California Exemptions, introduced by Assembly Member... ... Read full article

" 'Spider-Man' star Tobey Maguire and other celebrities have been caught in a web of lawsuits seeking to reclaim more than $4 million won during unlicensed poker matches at upscale Beverly Hills hotels. The lawsuits were filed in March by... ... Read full article

"The Philadelphia Orchestra Association has announced an aid package worth a potential $45 million - a substantial start to its $160 million drive to help the orchestra emerge from bankruptcy and become stable. The funding, announced Wednesday, ... Read full article

"Patricia Kluge, a onetime socialite who had entertained the rich and famous at her sprawling Virginia estate in the 1980s and later tried her hand at building up a national winemaking business, has filed for personal bankruptcy protection with her... ... Read full article

Allegations in credit card company’s complaint, that Chapter 7 debtor ran up more than $3,700 in charges against her account in space of roughly one month, at time when debtor’s total unsecured credit card debt of more than $88,000 was... ... Read full article

"Federal prosecutors today charged a Tuscaloosa attorney with bankruptcy fraud, announced U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick Maley. The one-count information filed in U.S. District Court charges DONALD DIONNE, 60, ... Read full article

"A bankruptcy trustee is searching for 80 pieces of artwork once owned by a Dickson retirement plan manager who was sent to jail for embezzlement in the hopes of recovering money for his creditors. Former 1Point Solutions CEO Barry Stokes... ... Read full article

"JOLIET — A federal bankruptcy judge soon could be looking for new chambers as Will County eyes his courtroom. The space where the U.S. Bankruptcy Court holds its calls in Joliet is actually owned by Will County. It’s found on... ... Read full article

06/16/2011 Presented by: Los Angeles County Bar Association Subsection/Committee: Federal Courts Coordinating Committee Co-Sponsored by: Litigation Law Section Get an insider’s view of what’s new at the U.S. District Court for the Central District of ... Read full article

"Federal legislation introduced last week is giving credence to a battle being fought in Middle Tennessee by bankruptcy trustee Henry "Hank" Hildebrand. Hildebrand was the subject of a Friday story related to a growing movement across the ... Read full article

June 16, 2011 Dear Insolvency Law Committee Constituency List members: The following is an Ebulletin prepared on a case of interest by members of the Insolvency Law Committee constituency list: On April 26, 2011, the Supreme Court approved an Amendment... ... Read full article

The Honorable Michael S. McManus denied the U.S. Trustee's Motion to Dismiss a legally married same-sex couple's Chapter 7 case. The UST moved to dismiss alleging that the Debtors' joint petition was improper and unauthorized because the ... Read full article

Steven Schwarcz, law professor at Duke, has an article forthcoming in the May 2012 issue of the UCLA Law Review discussing the issue of state "bankruptcy." He argues that the bankruptcy of a state cannot fit appropriately into the present... ... Read full article

To: [email protected] Subject: [bank-sub-committee] sheri_bluebond@####### has shared: I guess we didn't manage to kill this. Thomson Reuters News & Insight Source: newsandinsight.thomsonreuters.com "California's ... Read full article

In a landmark decision, written by Judge Thomas Donovan and signed by 19 other members of the court, the Central District of California Bankruptcy Court has ruled that same-sex partners who are legally married in California may file a joint... ... Read full article